RE: Re: RBI TakeoverNo, there is no positive effect at all. Events that take place with unrelated companies, in unrelated countries other than sharing the same continent, are.... unrelated.
If CAN becomes a takeover target, it will do so on its own merit, not because some other gold company in another country got taken over.
And yes, it will take more results for the share price to continue to rise. It's safe to assume that there will be no takeover talk until CAN has completed feasibility studies.